OECD: USA could restrict financing of fossil fuels
In the OECD negotiations, the USA could advocate a restriction on the financing of fossil fuels. This regulation could even outlast the coming Trump administration.
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In the OECD negotiations, the USA could advocate a restriction on the financing of fossil fuels. This regulation could even outlast the coming Trump administration.
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The negotiations in Baku are now being conducted by the ministers under the supervision of the presidency. The latter is seeking help and putting small successes on the agenda. Rumors of a financial target of $300 billion are doing the rounds. And everyone is hoping for a positive signal from the G20 summit in Rio.
By Bernhard Pötter
At COP29 in Baku, Minister for Economic Affairs Robert Habeck presented new standards for low-CO2 cement and concrete – the prerequisite for the industrial sector to complete the transformation. Corresponding projects are also to be supported.
By Lukas Knigge
The food transition will only be discussed in passing at COP29. NGOs are calling for a tax on animal products and more funding for the sector.
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Another US withdrawal from the UN climate system would slow down the process. Experts are now debating tricks and ways to minimize the damage: Money from other sources, low-level cooperation, and rapid re-entry.
By Bernhard Pötter
Which indicators are suitable for measuring progress in climate adaptation? How much support do wealthy countries need to provide? This is being negotiated at COP29 in Baku. Many open questions are more technical. But there is also a lot of money at stake.
By Alexandra Endres
Several EU member states are bringing representatives of the fossil fuel industry on their ticket to COP29 in Baku. Among other things, a gas partnership was signed there. Meanwhile, the EU Commission responded to criticism of the conflict of interest.
By Lukas Bayer
At the start of the second week, many COP29 construction sites are still open. The presidency wants to show the way forward, but doubts are being raised as to what it can achieve. Many areas are being put off until the next negotiations. And there was also a small mutiny.
By Nico Beckert
Countries and companies ignore almost 99 percent of all UN reports on methane emissions. Industry initiatives and corporate targets also often have gaps, two new reports show.
By Nico Beckert
Countries are obliged to submit new climate targets by February of next year. In the context of COP29, some have already presented new NDCs – or are planning to do so. How must the NDCs 3.0 be designed in order to keep 1.5 degrees within reach?
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